If you can identify those “up-and-coming” neighborhoods, the return on investment can be quite solid without having to sacrifice quality.PS: Fun fact—Kansas City was recently ranked as one of the top cities for real estate investment due to its strong job market and affordable housing prices (source: Forbes 2023).

Partner with an investor-friendly agent and mentors to identify properties with strong rental potential.

Identify a property to build on, I don't know in Nova Scotia what the replat or subdivision rules are, but locally we can typically purchase a property and do a minor 1 lot into 2 lots subdivision process in less than 6 months.

Based upon our data, we’ve identified the ideal market.

Identify and define where the risk is and the reward.

Quote from @Drew Sygit: Hey Drew, what type of things help you identify a good potential tenant? 

So you might want to identify the tax assessor website for any of those where you have an interest in seeking property.

Every time a guru “education” course was co pleated, I’d receive 10 -20 phone calls from either investor wannabes “building their team” in preparation for all the real estate “great” deals they were going to uncover or the same wannabes who had already identified a “great” deal (they hadn’t submitted let alone secured acceptance of an offer yet) and were lining up their financing which since they were purchasing at 50% of the value they’d end up with not only 100% financing but also walk away from the closing table with cash in their pocket.  

You can identify the hotspots for crime, school levels, income levels, where there is dilapidated homes, then based on the age and condition of the property gauge where the property stands in class, happy to talk further. 

Identified two properties zoned, for sale and price is right.